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20121112
20121112
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CNBC
Nov 12, 2012 5:00pm EST
it went past california. it is soon going to go past texas and they rp only getting started. i think they are only just beginning. i think the iea was way too long in the anticipation. >> traders are saying if we get there as quickly as you say that doesn't mean a good story for the u.s. consumer as we are seeing with what is happening with gas prices. until we see new refineries and the infrastructure to go along with the drilling we can produce all the oil we want. >> that's the big question. we need to be an exporter of crude oil because we don't have the refining capabilities. we could be an exporter of crude and natural gas because we don't have the ability to refine the crude oil. >> are you saying to be energy independent we need a major shift in natural gas usage? >> it is liquids. in canada you have the deep water drilling in the gulf. it is all of north america. these guys said we are talking from somewhere around 11 million barrels a day by 2010 they will add another 15 million barrels a day by 2020. i think it happens much faster, too. this is absolutely fact. >> do you p
CNBC
Nov 12, 2012 6:00pm EST
's small stimulus is working and the best way to play it is with the fxi. i'm going to ron in california right now. ron? >> caller: big boo-yah, too you, jim from south orange county, california. >> man, i love south orange county. i love the university system down there, too. i like irvine. >> caller: before i get started, i just want to say that we're thinking about you and your family and for that matter everybody in the studio audience and their family, hope everybody came out in that horrible storm. >> we got lucky. others are not. i know they appreciate your thoughts. thank you. >> caller: you're quite welcome. my question is pertaining to the chinese economic situation. what do you feel would be a better buy either las vegas sands or wynn resorts? >> i think that steve wynn is a winner. i don't say that to be, you know, glib. i think you want to own wynn here. i say that if it got to the mid 100s you have to pull the trigger. it's can't back away now. steve in connecticut? >> caller: looking at u.s. domestic play, you did a segment in june, it rallied and then reported earnings on
CNBC
Nov 12, 2012 9:00am EST
. we know from the court documents in the samsung case in california that apple made an offer for samsung to pay a royalty to settle all patent disputes. samsung didn't take it. the royalty offer was a high one. apple has been consistent in saying that it would be willing to settle under the appropriate conditions. >> tony, which is more important? hardware war or the platform war that you believe it is waging with google and amazon? >> i think the two are hard to separate because increasingly the platform drives sales of the hardware. when people are buying an iphone versus a samsung galaxy 3s, they are deciding i want to be on the ios platform or i want to be on the android platform. so i think the two are very, very linked. apple is pursuing litigation on the patent side because it believes that it can up end momentum from android and believes that its patents were violated and believes it should have compensation for it. >> if the setmelement the settl with samsung over the long-term in. >> samsung sold nearly 200 million smartphones over the last 12 months. they probably
Search Results 0 to 2 of about 3